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    market news

    Palladium Set to Hit 10-year High, Gain 24%

    Investing News Network
    May. 31, 2011 08:52AM PST
    Precious Metals

    The Globe and Mail reports strong demand from automakers and a drop in supply indicates the biggest shortage in 32 years is on the horizon.

    The Globe and Mail reports strong demand from automakers and a drop in supply indicates the biggest shortage in 32 years is on the horizon.

    The market news is quoted as saying,

    Palladium, used in vehicles’ catalytic converters, has been the worst performing in the precious metals group this year and is forecast to rise 24 per cent by the end of the year, according to the survey.

    For the complete market news, click here.

    market newscatalytic converters
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